Several virtual wallet users are looking for new options due to the agency’s requirements.
The Customs Collection and Control Agency (ARCA) is the organization dedicated to control and monitor your money movements and associated accounts. However, there are certain virtual wallets that they still cannot investigate. This information was quickly taken by many people to be able to manage their money from there.
The agency implements tight control over virtual wallet applications. These platforms, which became one of the most popular options in Argentina to deposit money, make payments, invest and access special discounts They are constantly under the monitoring of the collection agency.
In any case, this measure influences those who handle large sums of money, so for the moment people who make strong movements with wallets such as Mercado Pago, Ualá, Naranja X and Personal Pay, The organizations will be obliged to report on these movements.
Fixed-term virtual wallet
Scope
What virtual wallets ARCA has not yet investigated
An alternative is PayPala virtual wallet originating from the United States. By operating from abroad and not having an information exchange agreement with the Argentine authorities, PayPal positions itself as a less exposed option.
Thanks to its links with a wide variety of online businesses, such as Amazon, PayPal, they facilitate international purchases, avoiding common restrictions that usually affect operations with national wallets.
There are also other virtual wallets that could be useful for those who want to move money for international purchases such as Wise, Neteller, Skrill and Payoneer.
Source: Ambito
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